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20121221
20121221
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to host the games. tokyo is competing against the turkish city of istanbul and madrid. the international olympic committee will pick the host city in september next year. >>> japanese automakers say tension with china caused production there to drop by almost half compared to last year. directors of major car companies released their november production volumes on friday. honda factory workers put out 27,000 units, 59% fewer than the same month last year. nissan produced 68,000 units, down 43%. and toyota made 51,000 units, down 38%. directors at other firms also had reason to be unhappy. mitsubishi was 86% down, mazda dropped by 49% and suzuki's production in china decreased by 5%. but the automakers could at least note a slowing rate of decline. they showed an average drop of 43% on last year compared with 48% in october. reits collect money from investors who purchase real estate. tsc traders enjoyed a ceremony to celebrate the listing of the reit. it is a government affiliated administration from singapore. the reit's managers plan to raise more than $1.3 billion on the tokyo market
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